To establish a driver education school, organizers must decide how many cars, in
ID: 3154648 • Letter: T
Question
To establish a driver education school, organizers must decide how many cars, instructors, and students to have. Costs are estimated as follows. Annual fixed costs to operate the school are $30,000. The annual cost per car is $2000. The cost per instructor is $11,000 and one instructor is needed for each car. Tuition for each student is $360. Let x be the number of cars and y be the number of students.
a). Write an expression for total cost. The Total Cost expresson is: __________
b). Write an expression for total revenue. The Total Revenue Expression is: ____________.
c). Write an expression for total profit. The Total Profit expression is: ______________
d). If the school uses 5 cars and serves 200 students, will the school make a profit or a loss? The school will make a _____________
Explanation / Answer
To establish a driver education school, organizers must decide how many cars, instructors, and students to have. Costs are estimated as follows. Annual fixed costs to operate the school are $30,000. The annual cost per car is $2000. The cost per instructor is $11,000 and one instructor is needed for each car. Tuition for each student is $360. Let x be the number of cars and y be the number of students.
a). Write an expression for total cost. The Total Cost expresson is:
=30000+(2000+11000)x
Total Cost =30000+13000x
b). Write an expression for total revenue. The Total Revenue Expression is:
Total Revenue =360y
c). Write an expression for total profit. The Total Profit expression is:
Total Profit = Total Revenue - Total Cost
Total Profit =360y – (30000+13000x)
d). If the school uses 5 cars and serves 200 students, will the school make a profit or a loss? The school will make a _____________
Total Profit =360*200 – (30000+13000*5)
= -23000
The school will make a loss of $23000.
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